While we wait for November sales statistics from the NWMLS, let’s take a look at a couple more charts of sales from the last few months to round out the big picture of what’s going on with local home sales. First up, here’s a look at the total closed sales by quarter, for every quarter…
Poll: What’s your #1 reason for wanting to own a home?
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Sellers in Cheaper Neighborhoods Accepting Fewer Lowball Offers
I’d like to draw your attention to a post I made earlier this week on the Redfin Sweet Digs blog: Where are buyers getting the biggest discounts? The specific portion that I believe may be of interest to Seattle Bubble readers is the following chart, which is a scatterplot of Seattle-area zip codes, with the…
Case-Shiller Tiers: Still Falling in Sync
Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. First up is the straight graph of the index from January 2000 through September 2008. Price drops accelerated slightly in September for all…
30 yr fixed around 5%
Our resources tell us phones are ringing off the hook. I’m hearing rates for purchases and refi’s are anywhere from 5.25% to 5.125% at par. Earlier this year, I sent out an APB for people who are waiting for super rates. Here they are again. Let me know off-line if you would like a reference…